ARIAN SILVER CORPORATION

Arian Silver Corporation announced that it has entered into a transaction with an arm’s length third party corporation with interests in the minerals industry in respect of its Tepal property in Michoacán State, Mexico. Following completion of its due diligence review of the property, the unnamed party may elect, within the 5 months exclusivity period, to acquire the property from Arian on an option basis for US$3,000,000 payable in two instalments.